Monica Singer has said that South Africa’s Central Securities Depository (CSD) strongly advocates the Principles for Financial Market Infrastructures (PFMIs) published by …
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New CPSS IOSCO Principles are leaving nothing to chance
The infamous largest passenger liner of its time, the RMS Titanic, promised the world it would not sink and yet its powerful design still was no match for the iceberg that sent it to its underwater grave. Similarly, there were those financial entities who claimed that they were too large to fail …
Continue readingBuilding resilience to withstand the unexpected – The new CPSS IOSCO recommendations
Turn back the clock five years and many thought that large banks were too big to fail. The events of 2008 have reversed this perception and financial institutions and regulators are looking to create stability …
Continue readingFinancial market experts: Crisis is not over
On October 2nd 2012, the financial industry gathered at a conference hosted at the Gordon Institute of Business Science (GIBS) to hear from influential leaders as to whether the financial market could be sitting on the cusp of another crisis. In response, they believe the crisis is not yet over …
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